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Home \ Bank News \ College Student Scams

College Student Scams

Posted by Mandy on January 6, 2022

Many students start their college career not knowing they are vulnerable to fraud. One way fraudsters target students is through financial aid and scholarship scams. Many students jump at the opportunity to receive tuition financial aid, which is what scammers count on to take advantage of the situation.

Here are some common scholarship-related scams:

  • Fake scholarship sweepstakes
  • Application fee scholarships
  • Student tax scams

For more information on these scams, read Shazam’s blog post Class is back in session. Lesson 1: how to protect college students from scams.

Always be skeptical about any scholarship that requires money upfront. Just one phone call to the college can help prevent the student from falling victim to a scholarship award scam.

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Filed Under: Bank News

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102 Main St South
PO Box 339
Hutchinson, MN 55350

Phone 320-587-2233
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Hutchinson, MN 55350

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All Rights Reserved. Privacy Policy

Website Developed by Vivid Image